I am currently trying to figure out OTE, and I just cant be sure that I am right. I think that part of the problem is I dont know the lowest timeframe i should use fibs on. On a 15min chart, a retracement into the
62-79% percent level would probably be like 30% or something on a 60 min chart, and less and less going up in time.
Sry if its kinda unclear what I am asking, I think I possibly just need more trades under my belt.
I use all of them. Especially when more than one time frame lines up at ote in the same direction. Dont happen often but does happen.